Northern Kentucky Area Developement District
Florence, Kentucky
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Average
How This Organization Compares
Compared to 8 peers in Community Improvement & Capacity Building with $10M-$100M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
14 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2024 | $36,222,495↑21% | $34,849,019↑20% | $14,939,798↑17% | — |
| 2023 | $29,907,326↑25% | $29,138,597↑24% | $12,728,151↑1% | — |
| 2022 | $23,919,138↑6% | $23,478,650↑4% | $12,601,851↑13% | — |
| 2021 | $22,665,978↑13% | $22,532,557↑6% | $11,188,651↑10% | — |
| 2020 | $20,054,674↑6% | $21,260,418↑7% | $10,164,029↑1% | — |
| 2019 | $18,944,692 | $19,883,093↑1% | $10,046,815↓7% | — |
| 2018 | $18,994,264↑3% | $19,707,782↑5% | $10,747,940↑13% | — |
| 2017 | $18,486,361↑4% | $18,803,535↑4% | $9,527,729↑6% | — |
| 2016 | $17,843,025↑1% | $18,047,881↑4% | $8,971,173↓1% | — |
| 2015 | $17,696,322↓2% | $17,301,559↓2% | $9,068,617↑22% | — |
| 2014 | $17,992,672↑5% | $17,699,195↑7% | $7,405,722↑21% | — |
| 2013 | $17,088,686↑1% | $16,585,421 | $6,109,674↑5% | — |
| 2012 | $16,916,745↓6% | $16,658,729↓5% | $5,839,232↑5% | — |
| 2011 | $17,968,135 | $17,465,789 | $5,548,871 | — |
Frequently Asked Questions
What does Northern Kentucky Area Developement District do?▼
Northern Kentucky Area Developement District is a community improvement & capacity building nonprofit organization based in Kentucky. It is classified under NTEE code S32 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Northern Kentucky Area Developement District financially healthy?▼
Based on our 9-metric Financial Health Score model, Northern Kentucky Area Developement District has a score of 52/100 (Grade: B-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Northern Kentucky Area Developement District generate?▼
Northern Kentucky Area Developement District reports $36.2M in annual revenue and holds $14.9M in total assets, based on IRS filings.
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